Hong Kong Exchange and Clearing Limited (HKEX), the Hong Kong Stock Exchange, and Tadawul Group, a Saudi stock exchange group, have announced their collaboration to create a Saudi-listed exchange-traded fund (ETF) that tracks Hong Kong’s benchmark stock index. The ETF will be listed on the Tadawul Stock Exchange in Riyadh, exposing Middle Eastern investors to corporate earnings and capital growth in Greater China. The announcement came during the Tadawul Group’s first Capital Markets Forum in Hong Kong.
The Hong Kong Stock Exchange, Clearing Limited and Tadawul Group are collaborating to establish a Hong Kong Stock Exchange ETF listed in Saudi Arabia
